The relationship between tourism and economic growth: Evidence from Turkey

The tourism revenues of one country make a significant contribution to the development of that country. Today, tourism revenues are indispensable for the economies of the countries. International developments, such as the European Union, have effectively promoted the demarcation of borders. As a result of the limitations, there is a big increase in the number of those who participate in tourism activities. With the development of international tourism, a rapprochement between cultures has been achieved and played an important role in eliminating prejudices among societies. Increased tourism revenues provide the currency applause that economies need. The ability to provide foreign exchange for tourism is vital for countries' payment balances. In this way, countries have the opportunity to reduce budget deficits. The development of tourism activities in a country is effective in dispelling regional development disparities. Countries with a wealth of tourism have gained a lot of value for their economies.